Latest News
WI Harper Group, a Chinese expansion and early growth stage private equity firm, has appointed Savio Tung, founding partner and chairman of the technology investment committee of Investcorp, to its advisory board.
Tung will counsel WI Harper on building its investment platform and on major market trends and investment strategies in Asia and the US.
"Today’s global investment community is increasingly focused on China to drive growth in their portfolios. WI Harper is a well-established leader in expansion and early growth capital in that region," says Peter Liu, founder and chairman, WI Harper. "Savio Tung has built global private
Guernsey has signed a tax information exchange agreement with Greece.
It was signed by Guernsey’s chief minister Lyndon Trott (pictured) and Ilias Plaskovitis, secretary general of the Ministry of Finance in Greece.
Plaskovitis signed the agreement during the Global Forum on Transparency and Exchange of Information for Tax Purposes, which took place in Singapore on 29 September. The document was then transported back to Guernsey by Rob Gray, Guernsey’s director of income tax, for counter-signature by the chief minister on 8 October.
Trott says: “I am delighted that Guernsey has signed another international tax agreement with an EU member state.
The California Public Employees’ Retirement System is severing its ties with Pacific Corporate Group as part of the pension fund’s ongoing strategic review of its private equity programme and investment partners.
Aviva Capital, a former joint venture partner with PCG, will continue to manage over USD1bn of invested and committed capital in two emerging markets investment vehicles for Calpers – Global Opportunities Fund 1 and 2 – under an independent investment team, and will be announcing a new name for the company in the near future.
Calpers has also tapped Capital Dynamics to take over management of its Clean Energy
Affiliates of Bain Capital have agreed to acquire all the outstanding stock of retail firm Gymboree for USD65.40 per share, or USD1.8bn.
Under the terms of the agreement, which has been unanimously approved by Gymboree’s board of directors, Gymboree stockholders will receive USD65.40 in cash for each outstanding share of Gymboree common stock they own.
This represents a 57.4 per cent premium to the company’s unaffected share price on 30 September 2010, before recent market rumours of a transaction, and a 23.5 per cent premium to Gymboree’s closing stock price on 8 October, the last full trading day before the
Throgmorton, a UK accountancy and professional services provider to the hedge fund, private equity and corporate finance industries, has appointed Adam Hewitson as internal legal counsel and corporate financier Roger Looker to the board as a non-executive director.
Looker has a long track record working in the corporate governance arena over the past three decades and will act as a senior adviser for Throgmorton in company best practise.
Hewitson (pictured) has been appointed to further strengthen the management team. He will support all business areas.
Having begun his career at County Bank, Looker co-founded Gilbert Elliot Corporate Finance in
IK Investment Partners, a Pan-European private equity firm, has agreed to acquire 99.74 per cent of Hansa Metallwerke, which includes its Swiss subsidiary KWC, from its current owners.
The Hansa Group is a provider of sanitary fittings for bathrooms and kitchens in Germany, Switzerland and Austria with revenues of EUR194m in 2009.
The Hansa Group is headquartered in Stuttgart and employs approximately 1,000 people worldwide.
IK has experience in the building materials sector with investments such as Etanco, a designer, manufacturer and distributer of building fastener and fixing systems in France, and realised investments including Nobia, a manufacturer and retailer
The Amplio Group, an operator and investor in the renewable energy and environmental sectors, has acquired Environmental Water Systems (UK)), a provider of integrated water treatment and purification and wastewater recovery services to both the public and private sectors in the UK.
This signals the continued expansion of Amplio Filtration, a subsidiary of Amplio Group, marking the company’s third acquisition in the water filtration space in the last 12 months.
EWS will be combined with Puresep Holdings, acquired by Amplio Group in July 2010, to more than double Amplio Filtration’s share of the UK’s food and beverage, healthcare and industrial
Channel Islands law firm Carey Olsen has advised Wolseley, a FTSE 100 company, on the creation of a new group holding company.
The new group holding company will be UK-listed, incorporated in Jersey and will have tax residence in Switzerland.
Wolseley is the world’s largest trade distributor of plumbing and heating products to professional contractors and a supplier of building materials. The company is listed on the London Stock Exchange and is in the FTSE 100 index of listed companies.
Alex Ohlsson, managing partner of Carey Olsen, says: "One of the reasons Jersey is the leading offshore financial centre is
Octopus Investments and YFM Private Equity have developed a GBP3.95m joint financing package to help Bluebell Telecom expand and incorporate Callstream, the inbound telephony specialist, into the newly formed Bluebell Telecom Group.
Bluebell Telecom, a provider of business voice and data services, has built a reputation for managed services in the retail, hospitality and care markets.
With Callstream joining the group, Bluebell will now have access to a cloud-based platform for managing inbound traffic. Its technology provides customers with cost effective management of external and internal communication.
“We elected to work with both YFM Private Equity and Octopus in
WhiteGold Fund Management, a multi-strategy London-based family office, has made its first private equity investment in Light Blue Optics.
Light Blue Optics raised USD13m in the funding round, which was led by DFJ Esprit.
Existing investors Robert Bosch Venture Capital, Earlybird Venture Capital, Capital-E and NESTA also participated and were joined by new investors Christie Digital Systems Canada and WhiteGold.
Light Blue Optics’ first reference product, Light Touch, was released at the Consumer Electronics Show in January. Light Touch is an interactive projector that transforms any flat surface into a ten-inch touch screen, allowing users to interact with multimedia content
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
